Wennekers, A. R.; Stel, Adriaan J. van; Thurik, Adriaan R. - 2005
entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across … subsequent stages of development. Regressing GEM's 2002 data for nascent entrepreneurship in 36 countries on the level of … taxes (+) and population growth (+). The results suggest that a 'natural rate' of nascent entrepreneurship is to some extent …